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In an economy, marginal propensity to …

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In an economy, marginal propensity to consume is 0. 75. If investment expenditure is increased by Rs 500 cr , calculate the total increase in income and consumption expenditure.

    • Posted by Honey Cr 7 years, 10 months ago

    CBSE > Class 12 > Economics
    • 4 answers

    Ujjwal Singh 7 years, 10 months ago

    income = 666.67 cr consumption = 125 cr

    0Thank You

    Hero Time 7 years, 10 months ago

    Honey Ahirwar

    2Thank You

    Hero Time 7 years, 10 months ago

    ?

    1Thank You

    Hero Time 7 years, 10 months ago

    ∆y is 2000. ∆c is 1500.

    1Thank You

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